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International Airlines Group (IAG)
IATA chief Alexandre de Juniac to step down
IATA announced that Alexandre de Juniac, director general and CEO will step down from his role at the association effective 31 March 2021 and will be replaced by Willie Walsh, former CEO of International Airlines Group (IAG)
British Airways extends revolving credit facility
British Airways has extended its US dollar secured revolving credit facility for one year. The move, confirmed by International Airlines Group (IAG), will take effect from 23 June. The amount available under the extended facility is USD 1.38 billion. Including the extended facility and some smaller additional facilities recently arranged, IAG has total undrawn general […]
World could be served by just “10-12 airlines”
The world’s skies could be dominated by just 10-12 airlines in future, if ownership regulations are relaxed. In a panel discussion at the CAPA Airline Leader Summit in Dublin, Henrik Hololei, the European Commission’s director general for mobility & transport, predicted that if airline ownership rules are opened up, the industry would undergo a period […]
Willie Walsh hails “game-changing” new aircraft
The new Airbus A321neo aircraft will be a “game-changer” for the airline industry, IAG chief executive Willie Walsh has said. In a panel discussion at the CAPA Airline Leader Summit in Dublin on Friday, Walsh said that the new single-aisle jet would enable airlines to cost-effectively operate mid- to long-haul routes, including trans-Atlantic services. “The […]
IAG to launch long-haul low-cost carrier
International Airlines Group (IAG), which operates BA and Iberia, has unveiled plans to launch a new long-haul low-cost carrier. Known as LEVEL, the new airline will take off in June 2017 from its home base of Barcelona. Initially it will provide services to four destinations in the Americas: Los Angeles (twice a week from 1 […]
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